Rob Note: I am posting an article from 2007 that I think is very relevant today. If R&H can go down, any studio can go down.
"That movie, and the carefully planned, $60 million “300,” which was almost all effects, have created increasingly high demands from studios.
The beleaguered f/x houses also find their pay eroding as rival shops open up around the world. Effects budgets may be soaring, but they’re being spread over many more houses and many more shots. Effects houses are still paid by the shot, and per-shot fees have fallen 30%-40%.
The studios complain that the visual f/x shops always go over budget. Shops complain that they’re asked to absorb costs of poor studio and producer planning.
One producer, according to a story making the rounds of vfx shops, is reported to have said, “If I don’t put a visual effects shop out of business (on my movie), I’m not doing my job.” "